Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.030%
Price spread now: Gate against Aster+0.009%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.009%, 7d avg +0.051%
=Together, before fees−0.082%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.042% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PAXGUSDT | 4,330 | 0.0070 | pay 0.0035% / 4h | 2h 34m | $903K | $26K | 50x |
| Short | Gate PAXG_USDT | 4,330.4 | 0 | get 0.0000% / 8h | 2h 34m | $15.6M | $3.5M | 100x |
Aster PAXGUSDT
Gate PAXG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.81
- Price spread: +0.009% → +0.051%
- −$4.16
- Slippage, 4 orders
- −$6.44
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$48.41
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Aster: live order book, 13 min ago; Gate: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 13 min ago | 0.05 bp | 4.3 bp −$4 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.58 bp | 10.1 bp −$10 | 14.6 bp −$146 | 25.1 bp −$2,511 | 58.5 bp −$29.3K |
PAXG on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi PAXG/USDT-P | −0.0168% | 1h | 4,334.2 | +0.096% | $44K | $160K | 20x | as long as short |
| Lighter PAXG | −0.0104% | 1h | 4,327.2 | −0.064% | $1.4M | $385K | 25x | as long as short |
| Kraken Futures PF_PAXGUSD | −0.0101% | 1h | 4,330.9 | +0.020% | $1.2M | $1.5M | 20x | as long as short |
| ApeX Omni PAXGUSDT | −0.0022% | 1h | 4,333.1 | +0.072% | $262K | $782K | 50x | as long as short |
| dYdX PAXG-USD | 0.0000% | 1h | 4,330 | 0.000% | $101K | $12K | 5x | as long as short |
| Gate PAXG_USDTshort | 0.0000% | 8h | 4,330.4 | +0.009% | $15.6M | $3.5M | 100x | |
| SunX PAXG-USDT | 0.0000% | 4h | 4,326.5 | −0.081% | $2K | $3.4M | 20x | as long as short |
| Deribit PAXG_USDC-PERPETUAL | 0.0000% | 1h | 4,334.5 | +0.105% | $7.9M | $843K | 50x | as long as short |
| HTX PAXG-USDT | 0.0000% | 4h | 4,336.3 | +0.145% | $905K | $701K | 75x | as long as short |
| GRVT PAXG_USDT_Perp | +0.0024% | 4h | 4,333.1 | +0.072% | $1.5M | $1.9M | 10x | as long as short |
Hibachi PAXG/USDT-P
Lighter PAXG
Kraken Futures PF_PAXGUSD
ApeX Omni PAXGUSDT
dYdX PAXG-USD
SunX PAXG-USDT
Deribit PAXG_USDC-PERPETUAL
HTX PAXG-USDT
GRVT PAXG_USDT_PerpShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | +0.0033% | 1h | 4,347.3 | +0.400% | $1K | $151K | 30x | as long as short |
| MEXC PAXG_USDT | +0.0038% | 4h | 4,332.7 | +0.061% | $16.1M | $1.0M | 100x | as long as short |
| Binance PAXGUSDT | +0.0040% | 4h | 4,328.2 | −0.041% | $79.7M | $71.3M | 75x | as long as short |
| Extended PAXG-USD | +0.0040% | 1h | 4,326.9 | −0.072% | $379K | $1.4M | 25x | as long as short |
| Hyperliquid PAXG | +0.0069% | 1h | 4,328.3 | −0.039% | $20.7M | $2.3M | 10x | as long as short |
| Aster PAXGUSDTlong | +0.0070% | 4h | 4,330 | long leg | $903K | $26K | 50x | |
| Paradex PAXG-USD-PERP | +0.0099% | 8h | 4,328.5 | −0.035% | $80K | $3.4M | 50x | as long as short |
| Orderly PERP_PAXG_USDC_mythos | +0.0100% | 4h | 4,330.7 | +0.016% | $556 | — | 10x | as long as short |
| Pacifica PAXG | +0.0100% | 1h | 4,330.5 | +0.012% | $1.0M | $348K | 10x | as long as short |
| Bybit PAXGUSDT | +0.0100% | 4h | 4,329.3 | −0.016% | $14.9M | $3.9M | 75x | as long as short |
| KuCoin PAXGUSDTM | +0.0100% | 4h | 4,331 | +0.023% | $28.5M | $5.3M | 30x | as long as short |
| Bitget PAXGUSDT | +0.0100% | 4h | 4,328 | −0.045% | $9.7M | $15.3M | 50x | as long as short |
| BingX PAXG-USDT | +0.0100% | 4h | 4,328.9 | −0.025% | — | $6.8M | — | as long as short |
| Backpack PAXG_USDC_PERP | +0.0100% | 1h | 4,330.2 | +0.005% | $1.3M | $798K | 50x | as long as short |
| Variational Omni PAXG | +0.0100% | 4h | 4,329.7 | −0.007% | $12.3M | $222K | — | as long as short |
| Phemex PAXGUSDT | +0.0100% | 4h | 4,330 | 0.000% | $1.5M | $33K | 50x | as long as short |
| Reya PAXGRUSDPERP | +0.0189% | 1h | 4,330.5 | +0.012% | $20K | — | 100x | as long as short |
| Coinbase International PAXG-PERP-INTX | +0.0248% | 1h | 4,347.5 | +0.405% | $956K | $1.1M | 50x | as long as short |
| 01 Exchange PAXGUSD | +0.0784% | 1h | 4,340 | +0.231% | $29K | $24K | 10x | as long as short |
Injective PAXG/USDC PERP
MEXC PAXG_USDT
Binance PAXGUSDT
Extended PAXG-USD
Hyperliquid PAXG
Paradex PAXG-USD-PERP
Orderly PERP_PAXG_USDC_mythos
Pacifica PAXG
Bybit PAXGUSDT
KuCoin PAXGUSDTM
Bitget PAXGUSDT
BingX PAXG-USDT
Backpack PAXG_USDC_PERP
Variational Omni PAXG
Phemex PAXGUSDT
Reya PAXGRUSDPERP
Coinbase International PAXG-PERP-INTX
01 Exchange PAXGUSD